PYMNTS

MARCH 11, 2020

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. The company announced this week that it has signed high-end fashion retailer Anine Bing. The first is Perfect.

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PYMNTS

AUGUST 28, 2020

We have deep dives on retail’s digital D2C shift, blank-check companies, and DoorDash’s IPO plans. DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, after filing confidentially in February. DoorDash Moves Ahead With Q4 IPO Plans. Trackers and Reports.

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Bank Innovation

SEPTEMBER 25, 2019

The San Francisco-based company was one of the early movers in digital money management. By setting aside random amounts of money users don’t immediately need, personal finance app Digit has saved its customers more than $1 billion since its launch in February 2015.

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PYMNTS

APRIL 4, 2016

After years of slow growth brought on by the financial crisis, retail rents are recovering and are on the rise. The question, according to retail analysts, is if this trend will be sustainable, especially as consumer-facing retail is becoming an increasingly digital endeavor. Supply is also an issue in Denver.

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PYMNTS

APRIL 1, 2020

With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the script, now making devices that heighten real-time awareness of social distancing in retail stores. That’s our domain. SocialDistance.ai SocialDistance.ai

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CB Insights

AUGUST 23, 2021

Enable , a provider of cloud-based software tools for B2B rebate management, has raised $45M in Series B funding. UK-based Enable is a provider of cloud-based rebate management solutions to assist distributors, manufacturers, and retailers across 50 industries. How is the company performing? Want the full post?

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Bank Innovation

MARCH 9, 2018

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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PYMNTS

OCTOBER 3, 2019

Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported.

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PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.

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PYMNTS

MARCH 31, 2020

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon , one of Russia’s largest online retailers, has been on a growth spurt over the last few years.

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PYMNTS

JUNE 29, 2020

are in talks with Sistema , one of the largest publicly traded companies in Russia, to purchase Ozon , the Russian online retailer, Reuters reported. We are satisfied with the unprecedented business growth rates demonstrated by Ozon in 2019,” Alexey Katkov, managing partner, said at the time. Amazon and SoftBank Corp.

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Bank Innovation

MARCH 7, 2018

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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Bank Innovation

AUGUST 2, 2019

Nyca Partners has closed on $210 million for its third investment fund, a vehicle that will let it continue to support the growth of fintech innovation, David Sica, partner at the New York- and San Francisco-based venture firm, told Bank Innovation. “I think there’s still a lot of opportunity,” Sica said.

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PYMNTS

AUGUST 29, 2019

These unattended smart retail stations can offer more than typical sugary snacks and sodas, however. Delivery drivers are an essential part of any unattended retail marketplace, and companies must ensure these workers are equipped with solutions that enable them to do their jobs without interruption.

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PYMNTS

OCTOBER 21, 2016

But how does a retailer know how many people are coming in and out of its space? San Francisco-founded Motionloft launched in 2010 with the intent to solve the problem of inaccurate and unavailable pedestrian and vehicular traffic numbers. People are always moving. They’re going in and coming out of buildings every day.

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PYMNTS

SEPTEMBER 17, 2020

Affirm , a San Francisco-based point-of-sale (POS), buy now, pay later (BNPL) lender, announced a $500 million series G round of funding Thursday (Sept. Other returning investors included Lightspeed Venture Partners, Wellington Management Co., 17) in a press release , bringing its total funding raised to more than $1.3

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PYMNTS

APRIL 14, 2020

COVID-19 could mark the true rise of the robots in retail. After seeing an initial crash due to unprecedented demand when the COVID-19 crisis hit, the retailer is now using robots to pick and pack customer orders. consumers showed a negative stance toward robots at retail, but it will be interesting to see if that changes post-COVID.

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PYMNTS

DECEMBER 7, 2018

Big retailers are opening smaller-format stores in major U.S. Already, the retailer has opened a Planning Studio across the pond in London in October. In the announcement, IKEA Retail U.S. As it stands, Amazon Go stores in Seattle, Chicago and San Francisco use the cashierless technology.

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PYMNTS

FEBRUARY 14, 2020

And the wine retailer of the year? The 2019 wine retailer of the year was online – specifically, it was a good year for Wine.com. There are gatekeepers for economic reasons all over the world of online retail. The company’s growth has been consistent with the overall online retail category.

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PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Amazon must like the supermarket business. Three years after it paid $13.4

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PYMNTS

DECEMBER 28, 2018

It was one of the largest acquisitions at the time for the company, and it moved the retail giant closer to its goal of providing same-day delivery for all of its customers. With Shipt, same-day delivery became a reality for our guests across the country, making Target the first retailer to offer the service coast to coast.”.

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PYMNTS

SEPTEMBER 28, 2020

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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PYMNTS

MAY 3, 2019

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. In terms of Walmart’s other efforts, the retailer is also focusing on features such as grocery pickup.

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PYMNTS

AUGUST 1, 2019

The round, which was led by General Atlantic, gives the San Francisco-based app a post-money valuation of $11.2 The San Francisco-based company utilizes a Pinterest-like interface that uses algorithms and Big Data to provide users with a customized retail experience. In 2014, the company was worth $400 million.

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PYMNTS

MARCH 16, 2018

A job posting has revealed that Amazon’s next move for Whole Foods is a service that will enable customers to not only order items from the organic grocery, but also from select retailers. The position would require working with the retail leaders and project managers “who are building this new business from scratch,” the posting said.

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PYMNTS

OCTOBER 21, 2020

Lumin Digital ’s cloud-native platform will deliver banking solutions to Interra Credit Union ’s (Interra) 50,000-plus retail and business members, the companies said in a statement on Tuesday (Oct. Lumin Digital was founded in 2016 and is headquartered in San Francisco.

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PYMNTS

JANUARY 14, 2020

“The growth and expansion of Instacart Pickup are being driven by the rapid customer adoption we’re seeing for the product as well as the significant benefits that it offers our retail partners,” the company said. For our retail partners, we’ve seen Instacart Pickup become a gateway to growth in a margin-thin industry.

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PYMNTS

SEPTEMBER 15, 2017

Last year, right around the release of the Wool Loungers, Allbirds opened up their first physical location in San Francisco on the ground floor of their headquarters. But their big upcoming move is the launch of their new retail location: a “concept” store that is designed to let customers really embrace the Allbirds lifestyle.

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PYMNTS

MAY 18, 2020

Shares of the San Francisco-based mobile payment company fell by 2.29 Bloomberg News reported analyst Jason Kupferberg said the gradual opening of states amid the coronavirus is a positive sign for retailers. Bank of America has lowered its rating of Square Inc. percent at noon on Monday (May 18), according to Yahoo Finance.

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PYMNTS

SEPTEMBER 24, 2018

All in, the retailer’s stock has risen by 36 percent during the year, with 5 percent of the gain occurring after the release of the ads, Fortune reported. They don’t need to participate in the discounting that tends to plague other retail brands.”. 13 than it had in the 10 days prior to the release of the campaign.

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PYMNTS

MARCH 3, 2020

After a two-year run on the job, Bindra decided to move back to San Francisco, although he will continue as an advisor for the company and support “strategic initiatives,” the company said Tuesday (March 3). based payment hardware retailer NCR Corporation. Rau is replacing outgoing CEO Vicky Bindra.

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San Francisco Payments Retail Fintech 130

PYMNTS

JUNE 14, 2019

We are thrilled to expand Rebag’s retail footprint to the Miami community. Its retail footprint will encompass standalone locations in addition to “a continued presence” in luxury malls. The company recently brought Geronimo Chala on board as VP of retail to help oversee the expansion. It’s a great fit for us.”.

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PYMNTS

NOVEMBER 12, 2020

The Key In-Garage Grocery Delivery service will initially be available in Chicago, Dallas, Los Angeles, San Francisco and Seattle before expanding to other cities around the country. Amazon will also offer the service for food orders from Whole Markets or Amazon Fresh.

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PYMNTS

NOVEMBER 15, 2018

Standard Cognition , which provides AI-powered autonomous checkout solutions for brick-and-mortar retailers, announced it has raised $40 million in Series A funding, bringing its total amount raised to more than $51 million. We can’t wait to execute on this next stage of Standard’s growth.”.

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PYMNTS

OCTOBER 3, 2016

The project was first reported on in August of this year, initially referred to as “Project X,” but GeekWire noticed that the project’s description matched the language of a permit application for a similar grocery store that Amazon has planned for San Francisco and lists the same architect.

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PYMNTS

NOVEMBER 14, 2018

hedge fund Tiger Global Management and existing investors Coatue Management and Valiant Capital. We want to make grocery shopping effortless by helping our customers get the groceries they need from the retailers they love. A source told Reuters that the additional funding comes from investors, including U.S.

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PYMNTS

JULY 21, 2017

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. Those consumers pay dearly and foot the bill, so to speak, for all of those who take the offer and manage to pay on time over the term of the loan.

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